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Tuesday, September 09, 2025
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Fintech Finance Podcasts: The FF Salon Pilot with Monika Liikamaa

“Without decent mobile networks, there are no mobile payments.”

Monika Liikamaa, Co-Founder and CEO, Enfuce

Monika Liikamaa, the Co-Founder and CEO of Enfuce, has seen the recent buzz around mobile payments and TELECO, and she is not impressed. Nokia started offering mobile money services in 2004, we’ve had that functionality for almost two decades now.

Liikamaa joins us in the FF Salon to talk about global payments scalability and the role cloud technology plays in facilitating that scope. With a storied career in the banking sector and witnessing the fall out of the dotcom boom, the entrepreneur so the strategies companies like AWS adopted and why they were essential to constructing the global payment and card issuing culture we have today.

“We can’t do it alone,” Liikamaa said. “If you think about the life cycle of a payment, there are many people that need to get paid […] that chain needs to be unbroken, secure and real-time.”

Such are the key factors to making modern payments actionable. Transparency in payments and where payments are going is a growing conversation in fintech and a solution to giving consumers better control over their finances and the way they live their lives.

Consumer autonomy is essential for issues like climate change, as payments are not free from setting off emissions. “Companies and people need to be thinking about how they can make business in a way that does more good than harm,” Liikamaa explains.

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